What Happened to RomperJack after Shark Tank? RomperJack Shark Tank Update
What is RomperJack?
RomperJack is a brand that creates premium male rompers and jumpsuits with a focus on fashionable designs for any occasion.
The company is known for its flowery patterns and form-fitting clothing, which can be difficult to find on traditional online retailers.
Co-founders Justin Clark and Wyatt Thompson started the brand in 2017, and it has seen success.
Justin has a background in founding and running businesses, including the mobile and online tutoring service Whiz Tutor.
Wyatt has a degree in Entrepreneurship and Sociology from the University of California, Los Angeles and has worked as a Product Manager for well-known companies such as Dollar Shave Club and Tesla.
He is currently a Senior Product Manager at a stealth startup.
Who is the founder of RomperJack?
Justin Clark and Wyatt Thompson started RomperJack after Clark came up with the idea when he saw a lack of men’s rompers and jumpsuits in the market.
They enlisted the help of Wes Daggett and targeted the LGBTQ market.
Using his previous experience sourcing on Alibaba, Clark was able to get a sample within a few weeks and quickly improved the materials and design.
Within two months, they placed an order for 1200 rompers in four designs and by 2019, they generated $900,000 in revenue.
The company now sells rompers, jumpsuits, overalls, swimsuits, and headwear on their website.
What Happened to RomperJack at Shark Tank pitch?
In Shark Tank episode 1309, Justin Clark and Wyatt Thompson presented their men’s romper business, Romper Jack, to the Sharks.
They were seeking $200,000 for a 5% stake in the company, which they valued at $4 million.
They highlighted the benefits of their product and the success they have had in the market, with $3.7 million in revenue over the past four years, with $1.1 million earned in the last year.
However, the Sharks had mixed reactions to the product and ultimately, none of them made an offer.
Daymond was concerned about the valuation and appearance in the romper, Peter felt they would struggle with expansion, Lori was unsure if she liked it, and Mr. Wonderful was interested but not enough to invest.
What Happened to RomperJack after Shark Tank?
“Although the company was unable to secure the deal during the pitch, it has continued to generate over $1 million in yearly sales as of February 2022.
Competitors of RomperJack
The primary competitors of RomperJack in the market space are; Boohoo, Bewakoof.com, Cotopaxi and Bonobos among others.
Net Worth of RomperJack
The company valuation was $4 million during and after the pitch. Since then the company is still operating and hence the company net worth might be higher than that of pitch.
What is RomperJack?
RomperJack is an online retailer that offers a wide range of fashionable, comfortable and stylish rompers for men which can be worn to any function or occasion. The company was founded by two friends who just wanted to bring something fun and new to the market, helping people look and feel great wherever they are.
Who is the founder?
The company was founded by Justin Clark and Wyatt Thompson.
How much money did they ask for?
They were looking to raise $200,000 in exchange for a 5% stake in the business, which was worth $4 million at that time.
Did they have the deal?
No, they did not have the deal as they were unable to obtain funding.
Is RomperJack still in business?
Yes, the company is still in operation as of February 2022.
Is RomperJack a profitable company?
Yes, the company is profitable.
How can I contact RomperJack?
What Payment Methods does RomperJack accept?
RomperJack accepts payment by credit card, PayPal and bank transfer.
How long does it take for the product to be delivered after I place an order?
The delivery takes between 2 to 4 weeks. If they want a specific delivery date, it is advisable to order at least 2 weeks in advance of the date required.
Does RomperJack ship internationally?
Yes, they ship internationally with most orders delivered within 2-4 weeks after ordering.
What is RomperJack return policy?
If there is a problem with the product, customer can return it for refund or exchange within 30 days. If they want to request an exchange, they will have to return the original order and order the replacement.
Does RomperJack pay dividends?
No, they do not pay dividends.
Who are RomperJack Customers?
RomperJack is a company that caters towards men who struggle with wearing traditional suits due to comfort levels while having an effective work wear look.
What is the cost of RomperJack?
The RomperJack costs $99 for the base model and goes up to $199 for the premium model.
The RomperJack has a variety of rompers, each with unique features and designs to suit different tastes and preferences. For instance, the Ropes 1 Rompers comes with an adjustable hem cord in case customer runs out of fabric. However, it is not very heavy on fabrics making it a great piece for summer.
What is RomperJack made of?
Most of the rompers are made of 100% cottons. They have different fabrics and materials depending on the model they have.
What is RomperJack wash care?
It is advisable to wash the rompers separately, inside out and cold water. Also, it should not be machine dried as this can lead to irreparable damage of fabric. This applies to both high energy machines (such as washing machines) and low energy machines (such as tumble dryers).
Where is the headquarters of RomperJack?
Their headquarters are in San Francisco, California.
What is the net worth of Justin Clark?
The net worth of the founder Justin Clark is $1.5 million.
What is the net worth of Wyatt Thompson?
The net worth of the CEO of RomperJack, Wyatt Thompson, is not known.